Choosing profit over velocity isn’t just a trend — it’s a smart strategy for financial strength and resilience. Dealerships that prioritize gross profit per unit over increasing unit sales volume are finding a clearer path to success with an overall increase in...
Marketplace
Hack Your Dealership’s Inventory Like a Moneyball Pro
by Dealerslink | Sep 3, 2024 | Appraising, Inventory Management, Marketplace
Ever watched "Moneyball"? It’s not just a movie; it’s a revolution in making smarter, not harder, decisions with data. And guess what? It’s not just for baseball. Dealerslink is bringing that same badass strategy to your car lot with our killer tool, DMS Profit. Check...
Quick Tips to Simplifying Car Pricing at Your Dealership
by Dealerslink | May 1, 2024 | Inventory Management, Marketplace, Vehicle Pricing
Efficiency in pricing important for any car dealership looking to succeed. Optimizing your pricing tools and strategy can greatly enhance both time management and profitability. By integrating such processes, dealers like Spreen Automotive have streamlined their...
Driving into Debt with Upside Down Auto Loans
by Dealerslink | Apr 15, 2024 | Inventory Management, Marketplace, Wholesale
During the pandemic, low interest rates and changing transportation needs drove a surge in car purchases. Flush with stimulus checks and savings from reduced commuting, consumers flooded dealerships, driving prices up due to high demand. However, as inventories have...
Benchmarking Success in Customer Retention
by Dealerslink | Apr 1, 2024 | Inventory Management, Marketplace, Wholesale
Customer retention is more than just a metric; it's a testament to a company's dedication to its clientele. The benefits of retaining existing customers are abundant: increased revenue, reduced costs, heightened loyalty, and a competitive edge in the industry. At...
F&I Solutions That Streamline Your Dealership’s Operations
by Dealerslink | Mar 15, 2024 | Inventory Management, Marketplace, Used Car, Vehicle Pricing, Wholesale
Introduction to the Dealerslink F&I Tools – Brad Waller from Dealerslink demonstrates the exceptional capabilities of the F&I Calculator in a detailed video walkthrough. This essential tutorial highlights how F&I managers can optimize their financing and insurance workflow for superior outcomes.
Prepare Your Dealership’s Inventory for the Seasonal Surge
by Dealerslink | Mar 1, 2024 | Inventory Management, Marketplace, Wholesale
As the automotive industry gears up for spring and summer, dealers have begun stocking up on inventory, reflected in the growing vehicle listings and sales on the Dealerslink Marketplace, a premier platform for dealer-to-dealer transactions. More Units...
Finance Managers Love Selling Cars With F&I Calculator
by Dealerslink | Feb 1, 2024 | Inventory Management, Marketplace, Vehicle Pricing
https://www.youtube.com/watch?v=auNRskm_aRo The success of a dealership's F&I department is pivotal, with every deal requiring careful structuring for profitability. The Dealerslink F&I Calculator streamlines the process of finding profitable deals. “The...
Dealerslink Revs Up for NADA 2024: Unveiling Advanced Inventory Solutions
by Dealerslink | Jan 17, 2024 | Dealerslink News, Inventory Management, Marketplace, Used Car
Hey car enthusiasts and industry leaders! Get ready to join the Dealerslink team as we gear up for the automotive extravaganza of the year – NADA 2024 in Las Vegas, NV, from February 1st to 4th. We've got the cash wheel in hand, excitement in our hearts, and a special...
Setting New Year’s Resolutions for a Thriving 2024 at Your Dealership
by Dealerslink | Jan 1, 2024 | Inventory Management, Marketplace, Used Car
As we gear up for the start of another promising year in automotive sales, it's crucial for dealerships to navigate the road ahead with strategic planning and a people-centric approach. We are exploring key resolutions to ensure success in 2024, with insights from...